Templeton Emerging Marke... Share Discussion Threads

[traderabc] 09/9/2009 12:20

I'm sure this stock is good for some more upside but I'll leave the rest for people braver then me. Just sold my holding for 422.7

This is a stock I'd like to buy back into at some point, it has had a good run but now seasonal factors are against it.

Just for the record it's testing a resistance point at 425, the more it probes this area the more likely it is to break through. There is some support at 400.

[traderabc] 28/7/2009 11:48

This is positive, it has held its self comfortably above 390 for a few days now, this may well be breakout conformation, which means we should be seeing 450 sooner rather than latter.

[traderabc] 24/7/2009 17:16

400 target reached, if it can hold a few more days at this level, there is a reasonable chance it will break through this resistance area and move up to 450.
If not, this should now range between 350 and 400, a more likely scenario if the seasonal aspects of the stock market are taken into consideration. September is almost always a bad month to hold stocks.

[traderabc] 15/7/2009 14:41

350 support successfully tested, hopefully 385 next stop.

[traderabc] 30/6/2009 13:24

Well it didn't get to 400, so I'm still in, this was a healthy retraction, 350 now should offer some support, hopefully we will see 400 this time round.

[traderabc] 12/6/2009 13:46

By heck! Close to 400 now. The graph is still far too steep for my liking. If it can trade above 400 for a few days I going to hold for a while longer, if it fails at 400 I'm out at close to 375 as possible.

[traderabc] 22/5/2009 12:41

Still holding up, I thought a retraction to 325 was inevitable. The recent rise is too steep and fast, yet that seems to be the case with so many shares atm.
Bail with profits or hold ? It's getting harder to judge, I always find it far easier to buy then sell.

[traderabc] 08/5/2009 12:46

This is impressive, touched 370 today, now what?
Some resiistance is to be expected from here to 400, I still don't trust this rally, that said I'm not going to stand in the way just yet.

[traderabc] 20/4/2009 13:24

If Darling doesn't raise revenue/cut govt spending then perhaps sterling's into choppy waters.

Agreed, The £ is not a good currency, we should see many sectors out performing it during the next few years.

The breakout has been confirmed, I'm guessing support is around the 290-310 area now.

[iomhere] 16/4/2009 15:44

traderabc
The big decision. There's probably bad news ahead but also a lot of investment money willing to chase an anticipated, eventual golden glow. It's been a good stock to average up over the past few weeks partly IMO as a hedge against sterling with 22 April getting ever close. If Darling doesn't raise revenue/cut govt spending then perhaps sterling's into choppy waters. EFM and JMC also may be ones to cast an eye over.

However the spectacular gains have been in bombed out financial stocks especially ICP but also IAP and EMG which, latter pair, look sound and are thought able to hold their dividend payments.

[traderabc] 16/4/2009 14:05

IOM, when I bought this I figured I'd hold for several years, now I'm not so sure, it is going to have a trading range of around 80 points, I might bail at 370 (if we get there) and try to buy back in lower. I really like the sector but it is hard to trust this bear market rally to have any longer term sustainability.

[traderabc] 16/4/2009 13:56

lovegod - 4 Apr'09 - 15:05 - 129 of 133

"Get real guys when chinas GDP comes in at under 8% this april it will spook the markets especially the emerging ones"


The market looks forward, this stock was priced accordingly, the 'news' has little relavence.




Weak exports hit China's growth

China's exports have been declining as world demand slows


Annual growth in China's gross domestic product (GDP) slowed in the first quarter of 2009 to 6.1%, the National Bureau of Statistics has announced.

This is the weakest growth since quarterly records began in 1992, but some analysts see signs of a recovery.

Growth was 6.8% in the last quarter of 2008, but the first quarter GDP figure dropped as exports fell 17% in March.

[iomhere] 15/4/2009 20:50

traderabc
Pleased to see you are prospering with TEM - good long term record especially when taking its size into account.

[traderabc] 14/4/2009 13:10

Broken 300, 350 next stop.

[traderabc] 04/4/2009 15:39

We have got to 300. Now the range should be in the 260-360 area. Another stock that has at least a 50 point move on the cards, the big question is as usual ,which way?

[lovegod] 04/4/2009 15:05

Get real guys when chinas GDP comes in at under 8% this april it will spook the markets especially the emerging ones

[maty] 10/3/2009 17:34

this should push 300 soon I reckon

[traderabc] 05/3/2009 17:39

IOM,Is that a good thing?

[iomhere] 04/3/2009 18:03

traderabc
City of London Investment Management Company Limited now hold just under 14%.

[traderabc] 04/3/2009 17:52

Doubt it 220 should hold.

[lovegod] 04/3/2009 17:42

u mean 100 very soon

[traderabc] 06/2/2009 11:16

Yep, still looks like it wants to go up, reckon we will be seeing 300 soon.

[traderx2u] 19/1/2009 12:47

Finding support at 250 ish, I daren't say it but this stock looks like it wants to go up.

[traderx2u] 06/1/2009 11:48

Impressive rally, I believe there is the resistance area around here at the 300 mark. If it can break through here then we could be looking at 370 ish, if not then it may range from 225 to 275 ish.

[praipus] 05/12/2008 16:05

Thanks jonwig, 530,000....bad news see what you mean. Both UK and US need to cut corporation tax IMHO and reward entrepreneurial behaviour that creates and sustains new jobs for these people.